About 718 Henderson Avenue
Uncover an outstanding investment opportunity anchored by this expansive mixed-use building. The ground floor showcases a generous deli store, seamlessly paired with a sizable full basement, amplifying its versatility. Above, a spacious 4-bedroom apartment offers an additional income stream, further enhancing the property's value. Noteworthy is the autonomy given to tenants for their electricity and gas expenses, bolstering your profitability. With a commendable gross income of $73,500 and operational costs totaling $10,107, the property culminates in a robust net income of $63,393. Showcasing a cap rate surpassing 6%, the architectural footprint stands at 22' x 100' for the ground floor and 22' x 75' for the second floor.
Features of 718 Henderson Avenue
MLS® # | 2400864 |
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Price | $870,000 |
Bathrooms | 0.00 |
Square Footage | 3,432 |
Acres | 0.06 |
Year Built | 1930 |
Type | Commercial Sale |
Sub-Type | Commercial |
Status | Active |
Community Information
Address | 718 Henderson Avenue |
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Area | Randall Manor |
City | Staten Island |
County | Richmond |
State | NY |
Zip Code | 10310 |
Amenities
Parking | Private |
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Has Pool | No |
Interior
Heating | Hot Water, Electric, Natural Gas |
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Fireplace | No |
Exterior
Exterior | Frame |
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Construction | Frame |
Additional Information
Date Listed | February 16th, 2024 |
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Days on Market | 292 |
Zoning | R-3-2 |
Foreclosure | No |
Listing Details
Office | Re/Max Edge |
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